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Morning Bell: Don't Let The Senate Make It Worse
Posted By Conn Carroll On January 25, 2008 @ 9:11 am In Ongoing Priorities | Comments Disabled
The Wall Street Journal  calls yesterday’s economic stimulus agreement “an almost perfect political stimulus: a one-year ‘middle-class tax cut’ for Americans in the most populous demographic group; a few tax goodies to sweeten the cash flow of certain current businesses, and a boost to the business of those world-class lobbying firms and campaign contributors, Fannie Mae and Freddie Mac.” If only we could be assured the damage would end there. Already Senate tax-and-spenders are identifying a laundry list  of government handouts that must be included in any deal. A quick look at the the good and bad in the deal .
This is an election year and Congressional approval ratings currently hover around 30%, so attempted government giveaways are to be expected. Hopefully Senate conservatives can prevent this runaway spending train from gathering any more momentum.
Article printed from The Foundry: Conservative Policy News from The Heritage Foundation: http://blog.heritage.org
URL to article: http://blog.heritage.org/2008/01/25/morning-bell-dont-let-the-senate-make-it-worse/
URLs in this post:
 Wall Street Journal: http://online.wsj.com/article/SB120121971319015265.html?mod=opinion_journal_main_stories
 identifying a laundry list: http://www.npr.org/templates/story/story.php?storyId=18015172
 the good and bad in the deal: http://www.heritage.org/Research/Economy/wm1778.cfm
 the first checks will not be mailed until late May and some will not arrive until early August: http://www.washingtonpost.com/wp-dyn/content/article/2008/01/24/AR2008012400263_pf.html
 Studies show: http://www.taxfoundation.org/blog/show/22891.html
 some $300+ more than they can now: http://online.wsj.com/article_print/SB120123250591916143.html
 first step: http://www.nytimes.com/2008/01/25/washington/25fiscal.html?adxnnl=1&ref=todayspaper&adxnnlx=1201262736-ggiYxQ0cej8e5UtyLXltwA&pagewanted=print
 is not a magical figure.: http://www.npr.org/templates/story/story.php?storyId=18391644
 long-term US military role in Iraq: http://worldblog.msnbc.msn.com/archive/2008/01/24/605850.aspx
 lost a key Senate battle over FISA: http://www.nytimes.com/2008/01/25/washington/25nsa.html?_r=2&ex=1358917200&en=bbfc8975b6738606&ei=5088&partner=rssnyt&emc=rss&oref=slogin&oref=slogin
 Saddam Hussein: http://www.cbsnews.com/stories/2008/01/24/60minutes/main3749494.shtml
 cut down their redwood trees: http://www.mercurynews.com/news/ci_8063034
 agreed: http://www.forbes.com/afxnewslimited/feeds/afx/2008/01/25/afx4573902.html
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